Sunday, March 20, 2011

DailyMarkets.com - The Bull Market That Went Unnoticed

DailyMarkets.com - The Bull Market That Went Unnoticed

The Bull Market That Went Unnoticed

Posted: 20 Mar 2011 07:45 AM PDT

Yes, precious metals are actually in a bull market. If you actually polled the mainstream, you would find few that could even admit it. Its almost heresy if you come from a conventional background. As we now know, conventional thinking often fails miserably. Gold is in the 11th year of its bull market and conventional thinking continues to ignore the obvious.

First, its important to note the current juncture. Gold and Silver, more or less are basically at all-time highs. Silver is if … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex – AUD/USD Weekly Outlook: March 21-25

Posted: 20 Mar 2011 07:04 AM PDT

Forex Pros – Last week saw the Australian dollar trim losses, pulling back from a 15-week low as risk appetite recovered after the Group of Seven nations intervened in foreign-exchange markets to curb the yen's record gains.

AUD/USD hit 0.9702 on Thursday, the pair's lowest since December 2; the pair subsequently consolidated at 0.9956 by close of trade on Friday, slumping 1.7% over the week.

The pair was likely to find support at 0.9702, Thursday's low and resistance at 1.0105, the … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex – USD/CAD Weekly Outlook: March 21-25

Posted: 20 Mar 2011 05:53 AM PDT

Forex Pros – Last week saw the Canadian dollar post its largest weekly loss against its U.S. counterpart in four months as the nuclear crisis in Japan soured risk appetite and bolstered demand for safe haven currencies.

USD/CAD hit 0.9973 on Tuesday, the pair's highest since February 11; the pair subsequently consolidated at 0.9839 by close of trade on Friday, shedding 1.07% over the week.

The pair is likely to find support at 0.9733, last Tuesday's low and resistance at 0.9973, the … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex – USD/CHF Weekly Outlook: March 21-25

Posted: 20 Mar 2011 04:18 AM PDT

Forex Pros – Last week saw the Swiss franc surge to a record high against the U.S. dollar as Japan's unfolding nuclear crisis and ongoing geopolitical tensions in the Middle East and North Africa sent oil prices higher and soured risk appetite.

USD/CHF hit 0.8895 on Wednesday, the pair's all-time low; the pair subsequently consolidated at 0.9008 by close of trade on Friday, tumbling 2.86% over the week.

The pair is likely to find support at 0.8895, Wednesday's low and resistance at … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex – USD/JPY Weekly Outlook: March 21-25

Posted: 20 Mar 2011 03:45 AM PDT

Forex Pros – The yen pared gains against the U.S. dollar on Friday, after a coordinated effort by the Group of Seven nations to weaken the currency and support Japan's economy in the wake of the March 11 tsunami and the ensuing nuclear crisis it triggered.

USD/JPY hit 76.12 on Wednesday, the pair's all time low; the pair subsequently consolidated at 80.55 by close of trade on Friday, tumbling 2.91% over the week.

The pair is likely to find support at 76.12, Wednesday's low and the … [visit site to read more] or compare Best Credit Cards and Best CD Rates
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